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Unregistered 16-03-2022 04:56 PM
Quote:
Originally Posted by Unregistered (Post 208445)
Whats the diff in bonus and MI for MX11, C+ and B grade.
MI is dependent of where you are in the grade. Below grade mid pt or above grade mid pt.

Unregistered 16-03-2022 04:57 PM
Quote:
Originally Posted by Unregistered (Post 208442)
Sounds weird.. As a norm, first year grade by default is C, and you mentioned you have joined CS few months prior to March. Do you join in 2021 or 2022 ? If you join in 2021, your PB will be prorated. If you join this year, sorry to say you are not entitled to PB payout end of this month.
hes probably saying he joined in 2021 and went through one cycle of appraisal.

Unregistered 16-03-2022 05:03 PM
Quote:
Originally Posted by Unregistered (Post 208444)
Hi, if I join in 1 Apr 2021, does that means I’m automatically C and will receive a prorated PB of 75%
Normally boss give C grade for new worker, unless you have accomplished major projects during your first year of work, which helps to appraise you of a better grade. PB is prorated based on the number of days you have worked out of total number of working days in a year. ie denominator is not 365. 75% is a close estimate assuming you joined on 1 Apr 2021.

Unregistered 16-03-2022 05:18 PM
Quote:
Originally Posted by Unregistered (Post 208452)
Normally boss give C grade for new worker, unless you have accomplished major projects during your first year of work, which helps to appraise you of a better grade. PB is prorated based on the number of days you have worked out of total number of working days in a year. ie denominator is not 365. 75% is a close estimate assuming you joined on 1 Apr 2021.
yes its based on xx days worked / 365 days in 2021.

Unregistered 16-03-2022 05:30 PM
Quote:
Originally Posted by Unregistered (Post 208455)
yes its based on xx days worked / 365 days in 2021.
Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? What’s the formula ?

Unregistered 16-03-2022 05:50 PM
Quote:
Originally Posted by Unregistered (Post 208458)
Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? What’s the formula ?
leap year is 2020 bro.

Unregistered 16-03-2022 05:51 PM
Quote:
Originally Posted by Unregistered (Post 208458)
Partially correct. Calculation is xx days worked / no of calendar days in that assessment year.
In 2021, denominator is 366 days if you recheck your 2021 PB statement.

Anyone know how MI is calculated ? What’s the formula ?
MI formula is not transparent one leh. If you know and you reveal here, i clap for you!

Unregistered 16-03-2022 05:52 PM
Quote:
Originally Posted by Unregistered (Post 208446)
C+ should be 2.5, so B would probably be 3
C+ is 2.5, but B ranges. Ive heard of Bs getting 3.5, some 3. Not sure how it works

Unregistered 16-03-2022 05:53 PM
Quote:
Originally Posted by Unregistered (Post 208463)
C+ is 2.5, but B ranges. Ive heard of Bs getting 3.5, some 3. Not sure how it works
cos not all are MX or true MX.

Unregistered 16-03-2022 06:04 PM
Last time before I join CS, my annual increment in private sector was around 7-9%. Situation seems different in CS with lower MI than outside. Salary crawl uphill like snail, beri the tired..


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